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Excerpt from:  FX Rates
.
November 17, 2008

Europe, Japan Officially in Recession

Currency trading and global recession
Even while officials hesitate to officially declare that the U.S. is in a recession, that situation has been confirmed in Europe and in Japan. The two economic powers have been confirmed in a recession.

However, in spite of this, the euro has rallied this morning in forex trading, and the Japanese yen continues to dominate the U.S. dollar in currency trading.

Topic Tags:  currency trading, euro forex trading, forex trading, global recession, Japanese yen, recession, U.S. dollar currency trading, U.S. recession

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